The success of a key NATO summit hung in the balance on Friday, after Spain announced that it cannot raise the billions of dollars needed to meet a new defense investment pledge demanded by U.S.

Sánchez says he saved the country from the 5% defense spending hike, but the US president has announced trade retaliation ...

NATO members agreed to a big increase in their defence spending target to 5% of gross domestic product, as demanded by ...

NATO summit addresses defense spending as Trump pushes European allies for 5% GDP commitment, while Iran nuclear concerns and Ukraine's membership aspirations complicate alliance unity.

In a statement, called the Hague Declaration, members also say: "We reaffirm our ironclad commitment to collective defence".

Nato summit shambles? US and Spain 'opt out' of new spending target Donald Trump has been demanding member states ramp up defence expenditure to 3.5 per cent of GDP, with an extra 1.5 per cent on ...

BRUSSELS (AP) — The success of a key NATO summit hung in the balance on Friday, after Spain announced that it cannot raise the billions of dollars needed to meet a new defense investment pledge ...

BRUSSELS — The success of a key NATO summit hung in the balance on Friday, after Spain announced that it cannot raise the billions of dollars needed to meet a new defense investment pledge ...

Spain spent 1.24% of GDP on defence in 2024, or about 17.2 billion euros ($19.8 billion), according to NATO estimates, making it the lowest spender in the alliance as a share of its economic output.

BRUSSELS (AP) — The success of a key NATO summit hung in the balance on Friday, after Spain announced that it cannot raise the billions of dollars needed to meet a new defense investment pledge ...